Erste Asset Management GmbH Sells 15,997 Shares of Equity Residential $EQR

Erste Asset Management GmbH trimmed its holdings in Equity Residential (NYSE:EQR) by 39.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,000 shares of the real estate investment trust’s stock after selling 15,997 shares during the quarter. Erste Asset Management GmbH’s holdings in Equity Residential were worth $1,603,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of EQR. Collier Financial bought a new position in Equity Residential in the 3rd quarter valued at $26,000. Hantz Financial Services Inc. lifted its position in shares of Equity Residential by 434.7% during the third quarter. Hantz Financial Services Inc. now owns 540 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 439 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Equity Residential by 203.5% during the third quarter. Smartleaf Asset Management LLC now owns 780 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 523 shares during the period. CYBER HORNET ETFs LLC bought a new position in shares of Equity Residential in the second quarter worth about $61,000. Finally, MUFG Securities EMEA plc bought a new position in shares of Equity Residential in the second quarter worth about $68,000. 92.68% of the stock is owned by institutional investors.

Insider Activity at Equity Residential

In related news, EVP Catherine Carraway sold 656 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $42,725.28. Following the sale, the executive vice president owned 18,339 shares of the company’s stock, valued at $1,194,419.07. This trade represents a 3.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Michael L. Manelis sold 5,765 shares of Equity Residential stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $375,474.45. Following the completion of the transaction, the chief operating officer owned 46,131 shares in the company, valued at $3,004,512.03. This trade represents a 11.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,058 shares of company stock valued at $655,078 over the last quarter. 1.00% of the stock is owned by corporate insiders.

Equity Residential Price Performance

NYSE EQR opened at $63.19 on Monday. The company has a market cap of $23.86 billion, a PE ratio of 21.57, a P/E/G ratio of 4.76 and a beta of 0.75. The firm’s 50 day moving average price is $62.52 and its 200-day moving average price is $62.58. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.31 and a current ratio of 0.31. Equity Residential has a 52-week low of $58.38 and a 52-week high of $75.86.

Equity Residential (NYSE:EQR) last issued its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01). The business had revenue of $781.91 million during the quarter, compared to the consensus estimate of $786.35 million. Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The business’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period last year, the firm earned $1.00 EPS. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. Sell-side analysts forecast that Equity Residential will post 3.98 EPS for the current fiscal year.

Equity Residential Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 2nd were paid a dividend of $0.6925 per share. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Friday, January 2nd. Equity Residential’s dividend payout ratio is 94.54%.

Wall Street Analysts Forecast Growth

EQR has been the subject of a number of research analyst reports. Piper Sandler set a $78.00 price objective on shares of Equity Residential in a report on Tuesday, January 27th. Barclays reaffirmed an “overweight” rating and set a $78.00 price target on shares of Equity Residential in a research note on Tuesday, January 13th. Scotiabank lowered their price target on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a report on Tuesday, November 4th. BMO Capital Markets downgraded Equity Residential from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $70.00 to $68.00 in a report on Friday, January 9th. Finally, Wall Street Zen lowered Equity Residential from a “hold” rating to a “sell” rating in a research report on Saturday. Six research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $69.78.

Equity Residential Profile

Equity Residential (NYSE: EQR) is a publicly traded real estate investment trust that acquires, develops, owns and operates rental apartment properties. Headquartered in Chicago, the company focuses on delivering professionally managed, market-rate apartment homes and related services to renters. Its operations cover a range of property types, including high-rise and mid-rise assets, with amenities and on-site management designed to support resident retention and occupancy.

The company’s core activities include property acquisitions, development and redevelopment, leasing, and day-to-day property management.